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Lesson 4

Vocabulary

TermDefinition
surplus more than is need or used
charter a written grant of rights and privileges by a ruler or government to a community, class of people, or organization
journeyman a person who finds work "day by day"
guilds an organization of people in the same credit or trade
apprentice a person who works for a master in a trade or credit in return for training
commerce doing business with other people
common law a body of rulings made by judges or very old traditional laws that become part of a nation's legal system
Economics the branch of knowledge concerned with the production, consumption and transfer of wealth
Government the governing body of a nation, state, or community
Culture the arts and other manifestations of human intellectual achievement regarded collectively
Created by: msheppard649